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Narendra Modi eyes first labour overhaul in decades to create jobs

Last Updated: Monday, June 30, 2014, 10:48

Prime Minister Narendra Modi has set in motion the first major revamp in decades of the archaic labour laws, part of a plan to revive the flagging economy, boost manufacturing and create millions of jobs.

'Consistent tax policies to help manufacturing sector in India'

Last Updated: Friday, June 27, 2014, 14:37

Expressing keenness in partnering with India for setting up smart cities, Cisco on Friday said consistent tax policies and market access will enable growth of the manufacturing sector in the country as well as help the networking solutions giant boost its presence here.

Private sector output in India falls in March: HSBC

Last Updated: Thursday, April 03, 2014, 11:50

Private sector output in India fell in March, after a fractional increase in the previous month amid moderation in domestic demand conditions, an HSBC survey said Thursday.

India's manufacturing growth eases from 1-year high in March

Last Updated: Tuesday, April 01, 2014, 10:49

India's manufacturing sector growth eased in March from a one-year high in February largely due to a decline in new order inflows and a shortage of raw material, an HSBC survey said.

Indian manufacturing stagnates due to peculiar labour laws: Meghnad Desai

Last Updated: Friday, March 21, 2014, 17:23

India's manufacturing sector has stagnated because the country has "very peculiar structural" labour laws that need to be made flexible, India-born British economist Meghnad Desai said.

GDP grows 4.7% in Oct-Dec; core sector slows to 1.6% in Jan

Last Updated: Saturday, March 01, 2014, 09:18

Worried over 1.9 percent contraction in the output of the manufacturing sector, India Inc stepped up its demand for a rate cut by the Reserve Bank of India (RBI) to boost demand and spur growth.

Need more efforts to create jobs, curb inflation: India Inc

Last Updated: Friday, January 03, 2014, 16:57

Concurring with Prime Minister Manmohan Singh, India Inc on Friday said more efforts are needed for reviving the manufacturing sector, promoting SMEs and removing supply constraints to bring down food prices.

Focus on manufacturing to boost exports: Sharma

Last Updated: Monday, December 23, 2013, 15:56

"India has to grow in manufacturing led exports because we are not a country very much endowed when it comes to some of the natural resources which need for our economic growth particularly energy.

US cos need to invest in India's manufacturing sector: Sibal

Last Updated: Monday, December 02, 2013, 15:46

He also expressed concern over the US visa norms that impact Indian professionals, especially in the IT sector.

India's manufacturing PMI expands in Nov: HSBC

Last Updated: Monday, December 02, 2013, 11:28

India's manufacturing sector activity witnessed an expansion in November for the first time since July, driven by rising new domestic orders, an HSBC survey said on Monday.

Manufacturing share in India's GDP at lowest in 10 years: Report

Last Updated: Friday, November 22, 2013, 15:03

Share of manufacturing in India`s gross domestic product (GDP) has declined to 15.1 percent this year, the lowest level in the past 10 years, a research report showed Friday.

Manufacturing sector contracts for 3rd consecutive month in Oct: HSBC

Last Updated: Friday, November 01, 2013, 14:47

India's manufacturing sector activity contracted for the third straight month in October amid falling levels of production and new orders.